About 25 years ago the cost of college started to shoot the moon, and with it loans to pay for those escalating costs.
A quarter century of letting the problem fester later, a generation of first-time homebuyers aren’t able to buy homes because they spent that credit on a degree... then as likely as not didn’t get a job that needed the degree.
The amount of waste, fraud, and abuse in the system is mindblowing.
The American empire is almost over.